Mutual funds are a trend these days. Everybody wants to invest in mutual funds but lack accurate knowledge. They feel the investment process is rocket science or something. But they do not know that the android apps have made the process a child’s play.
Here in this article, there is a list of top 5 android apps you can download if you want to invest in mutual funds using your phone.
5 Android Apps For Investing In Mutual Funds
Using Savart, you can invest in mutual funds and stocks with as low as 10 rupees with the help of personalized advice and execution from an online wealth manager. Savart offers the investors all these facilities for completely free of cost.
Savart is made for both beginner as well as the seasoned investors. It has a mission to help everyone realize their financial goals.
Savart offers you financial advice based on your risk taking ability, income levels, and investment preferences. Their algo analyses data of over 10000 stocks and 1000 mutual funds. With Savart, you can open a demat account; invest in mutual – all from your mobile screen without signing a paper. Not only this, but it also helps you invest in ELSS mutual funds to get tax exemption under section 80C.
myCAMS gives the investors the ability to get one view of their mutual fund portfolio, open new folios, purchase, redeem and switch or set up SIP and more.
It is a single gateway to multiple Mutual Funds such as Aditya Birla Sunlife MF, DSP BlackRock MF, HDFC MF, HSBC MF, ICICI Prudential MF and many more.
In the year 2018, it has been the winner of the best application of technology at CX strategy summit and awards. Since you can access your investments through a single gateway, there is no need to manage multiple PINs, folios numbers, and login ids.
myCAMS allows you to save your favorite transactions, view the preferred ones on the main menu and also change the transaction amount as desired by using the myFavourites tab.
Their PAN level portfolio view allows you to track and manage your family wrap portfolio conveniently. There is no need of forms and cheques to open your folio.
The FundsIndia app has made investing in mutual funds, SIPs and stocks simple and easy. It gives you personalized advice as per your financial goals. FundsIndia helps you make smart online investments that deliver market beating returns.
It is amongst India largest online investment platforms that offer a wealth of financial products like mutual funds, equities, and company fixed deposits. You can build capital by using their value added services like flexible SIPs, trigger-based investing and access to India’s most comprehensive automated advisory service – Money Mitr.
Their advisors (SEBI registered) act as mutual fund portfolio manager and can recommend you the best funds suited for you. It also allows you to save tax under the section 80C. You can save up to 46,350 TDS from your taxable income by investing in the ELSS funds.
The Aditya Birla Sun Life Mutual Fund FinGo gives the investors access to a host of services, anytime and anywhere!
Using the Aditya Birla Sun Life Mutual Fund FinGo app you can transact, purchase, redeem and switch between various mutual funds available in the market. You can choose your most fitted mutual fund as and when you like. The app also allows you to view your ABSL mutual fund investments. You can request for an account statement by email or SMS. The Aditya Birla Sun Life Mutual Fund FinGo app allows you to check the Net Asset Value and dividend value of Aditya Birla Sun Life Mutual Fund schemes.
You can also see how tiny investments made at regular intervals can grow to a large figure over a period of time due to the power of compounding.
This app is created by keeping in mind both the investors and the distributors of ICICI Prudential Mutual fund.
As an investor:
- You can see the funds you have invested in, have access to asset allocation and valuation.
- You get a simple and fast way to invest in any funds of the ICICI Prudential Mutual Fund.
- You have access to your entire transaction history with ICICI Prudential Mutual Fund. This is sent to your registered email ID.
- If you have any queries, you can request a callback or click to call the customer service.
If you are a distributor:
- You can initiate a purchase and switch transactions on behalf of your investors
- You get access to videos explaining the market cycle and related concepts.
- You can stay updated on equity and debt market on a day to day basis.
- You can contact the customer care service to get immediate help with your queries.
In this post, we discussed 5 of the best android apps for investing in mutual funds. Hope it’ll help.